PancakeSwap Proposes CAKE Tokenomics 3.0 for Enhanced Ownership and Efficiency

According to Odaily, PancakeSwap has shared a proposal on the X platform regarding CAKE Tokenomics 3.0. The proposal outlines several key changes aimed at improving the token's economic model. Firstly, it aims to achieve an annual deflation rate of approximately 4%, which would result in a 20% reduction in CAKE supply by 2030. Additionally, the proposal suggests eliminating CAKE staking, veCAKE, gauges voting, and the revenue-sharing mechanism to establish true ownership of CAKE tokens. Furthermore, the emission rate of CAKE is set to decrease, with daily emissions dropping from around 40,000 CAKE to 22,500 CAKE, supporting the deflationary strategy and fostering a more efficient ecosystem.